This topic contains a solution. Click here to go to the answer

Author Question: Joan's Style manufactures dining room tables for both home and restaurant locations. Kona Clair, the ... (Read 123 times)

ninaj

  • Full Member
  • ***
  • Posts: 136
Joan's Style manufactures dining room tables for both home and restaurant locations. Kona Clair, the company's controller, developed the following standard costs for each 5-foot table. Ms. Clair developed these standards based on the company manufacturing 1,200 tables per month.

Standard PriceStandard QuantityStandard Cost
Direct materials$45.00 per linear foot5 linear feet$225.00
Direct labor  18.50 per DLH12 DLH222.00
Variable overhead  16.20 per DLH12 DLH194.40
Fixed overhead  28.60 per DLH12 DLH  343.20
Total standard cost per table$984.60

At the end of the current month, Kona reported the following operational results:
The company actually manufactured 1,100 tables during the month.
5,900 linear feet of direct materials were purchased during the month at a total cost of
$258,420.
5,400 linear feet of direct materials were used to manufacture the tables.
13,400 direct labor hours were worked at a total cost of $242,880.
Actual variable overhead was $234,600.
Actual fixed overhead was $410,500.

Required:

a.Calculate the direct material price variance for the month.
b.Calculate the direct material quantity variance for the month.
c.Calculate the direct labor rate variance for the month.
d.Calculate the direct labor efficiency variance for the month.
e.Calculate the variable overhead spending variance for the month.
f.Calculate the variable overhead efficiency variance for the month.
g.Calculate the fixed overhead spending variance for the month.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ninaj on Feb 5, 2023

KobyRhoads

  • Full Member
  • ***
  • Posts: 160
    • https://anestencreams.com
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly

my web blog tattoo numbing cream (www.anestencream.com)



ninaj

  • Member
  • Posts: 136
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library